Vehicle registrations decline by 8% in October, but festive season boosts buyer sentiments
Vehicle registrations – a proxy for retail sales – declined by 8% last month with customers deferring deliveries during the inauspicious ‘shraddh period’, however, buyer sentiments remain strong in the ongoing festive season. According to data collated by Federation of Automobile Dealers Association (FADA), 2,117,596 vehicles were registered last month, which is a decline of …